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Ambassador Bridge Owner Sues Canada, United States

The owner of the Ambassador Bridge connecting Detroit to Windsor, Ontario, has filed suit against the Canadian and United States governments and the U.S. Coast Guard claiming they are trying to get him to sell the bridge and prevent him from building a second span alongside the existing one.

March 24, 2010

Volvo’s N. American Deliveries Slip; Global Figures Rise

Volvo AB said its North American deliveries fell in February from a year ago, but its worldwide deliveries rose 11%.

March 24, 2010

New °®¶¹´«Ã½ Sales Fall to Record Low in February

New home sales fell in February to a record low, the Commerce Department said Wednesday.

March 24, 2010

Oil Slips to Near $80 a Barrel

Oil fell for the first time in three days Wednesday to near $80 a barrel, in advance of the Department of Energy’s weekly inventory report.

March 24, 2010

Accuride Reports Loss for 2009

Truck component maker Accuride Corp. said Wednesday it lost $140.1 million, or $3.59 per share, in 2009, compared with a loss of $328.3 million, or $9.24, in 2008.

March 24, 2010

Durable Goods Orders Rise for Third Month

Durable goods orders rose for a third straight month in February, the Commerce Department said Wednesday.

March 24, 2010

Dana Closes Sale to Metalsa of Structural Products Unit

Dana Holding Corp. said it completed the sale of most its Structural Products assets to Mexico’s Metalsa, S.A.

March 22, 2010

LaHood Says Feds Close to Decision on I-80 Tolls

Transportation Secretary Ray LaHood said the federal government is close to a decision on whether to allow Pennsylvania to toll Interstate 80 as part of that state’s transportation funding plan.

March 23, 2010

Obama Signs Job Legislation With Highway Bill Extension

President Obama on March 18 signed into law an extension of the highway bill through the end of the year as part of a $17.6 billion package of tax incentives and bonding proposals aimed at spurring job creation.

March 22, 2010

Head of Canada Truck Group Backs EOBRs for All Trucks Operating in North America

Electronic onboard recorders should be mandatory for all truckers operating in North America, the president of the Canadian Trucking Alliance said.

March 22, 2010